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interviews

Book Challenge Series: Ambi Parameswaran

Interview with Ambi Parameswaran, on his journey as an author.

Ambi M G Parameswaran is a Brand Coach, Brand Strategist and Founder Brand-Building.com a Brand Advisory. In a career spanning 40 years Ambi has handled assignments in marketing, sales and advertising with leading brands, and served as VP, then as ED & CEO of FCB Ulka from 2003 to 2013. He received the Distinguished Alumnus Award from IITM in April 2009 and from IIMC in November 2018. He has a PhD from Mumbai University, an AMP from Harvard Business School  and CEO Coaching Certification from CFI. Apart from writing for business publications, Ambi offers branding workshops and is an Adjunct Professor of Marketing at SPJIMR and a guest faculty at IIMC, IIMA, MICA and ISB.

Ambi has ten books to his credit, and wrote his first book in his early forties while he was in the thick of his professional career. He was also one of the earliest to recognize the importance of the silver generation, in this 2016 article in HT Mint.

In this short interview, Ambi provides his view as a published author, and the journey so far.


Ambi, you have published ten books. Do you have a favourite when you look back at your authorship?

All my books are precious for me and that is what any author would say. Having said that, I think Nawabs Nudes Noodles – India Through 50 Years of Advertising has had the maximum impact and I have heard people describe it as a ‘must read’.

You have always been a writer as I understand but what made you write your first book?

I stumbled into writing in 1998 when I was teaching Advertising and Brand Management at NMIMS. I needed case studies and found that the long form Harvard cases were not easily accessible and hence I started writing short cases on brands from FCB Ulka’s portfolio. That became my first book ‘FCB Ulka Brand Building Advertising – Concepts & Cases’. It came out in 2000 and was reprinted several times.

Your writing career seems as intense as your full-time professional career. What was different in these journeys? How did you balance it?

My first book did well and that led to my second and third books. I had a full time job but I was also a guest faculty at B Schools. I had a discipline of spending at least a few hours each weekend writing. Each book takes one year of research and one year of writing.

You probably get a lot of people reaching out to you about writing a book. What are your top three suggestions to them?

I think everyone has at least one book inside him or her.

My first suggestion is to anyone wanting to write a book is to start writing. Write essays. Write articles. As you get to write you will realise what works for you. It is foolhardy to say I will write a book if you have not done the job of writing articles or essays [in the case of fiction may be short stories]. Once you have an idea for a book then you need to put a structure to it and then write. Get into a rhythm. Write every day. Or write every weekend.”

You said, “to write, you need to read a lot”, during our brief telephone chat. Is there more that one has to invest in becoming a good writer?

I think to become a good writer you need to know what is out there. So you need to read a lot. For example every book I write is inspired by the books I have read on the subject. I also read a lot of articles as a stepping stone to my writing journey. If you don’t read then don’t try to write.

Ambi, you are on Twitter, and engage with brands and individuals quite actively. I find some of those discussions very fascinating. Does it shape your thinking when you write a book now?

Twitter, used well, can be a great way to learn new things. So when I read something interesting I try and share it on Twitter asking people to comment. And sometimes that leads to an interesting discussion among informed people. When I spot something interesting I try to retweet with my own two bits. I have noticed that when I criticize a brand or an ad that gets higher traction due to the nature of the beast. But try to steer clear of toxic subjects.

All your books are non-fiction. Would you ever write fiction?

My next book is also non-fiction but I am trying a different approach. Let us see how that performs. Writing pure fiction is beyond me.

You can check out Ambi’s books on Amazon and Flipkart, and catch him on Twitter.

Ambi has opened a window into Indian advertising with his epic book – Nawabs Nudes Noodles. He’s on his way to making leadership lessons accessible to the general reader with a series of anecdote rich, shorter books on management.

Anish Chandy, Founder, Labyrinth Literary Agency

Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. You can subscribe here.

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50 plus

Launching Silver Angels Startup School

The Startup School is for people over 50 years, aspiring to chart a new entrepreneurial journey.

The Indian entrepreneurial ecosystem is growing at a rapid clip with startup valuations ranging from a few millions to many billion dollars. The proliferation of a digital ecosystem is transforming many industries, has resulted in the emergence of the gig economy, and reduced the entry barrier to participate in economic activities regardless of one’s age.

The Silver Angels Startup School aims to offer structured programs to unlock the entrepreneurial potential of 50 plus adults. The school is for those that aspire to be authors, travel writers, business mentors, lifestyle entrepreneurs, social media influencers and ready to step out of their comfort zone.

Our Gig Challenges are offered in partnership with experts and brands for you to participate, win prizes and most importantly, access coaching sessions. Our goal is to assist in your pursuit of a passion, support in taking your skills to the market or be a launchpad in becoming an entrepreneur.

The Book Challenge is our first challenge, offered in partnership with Anish Chandy, founder of Labyrinth Literary Agency, and an independent jury of experts. The challenge is open to those over 50 years, and keen to publish their first book in English.

Book Challenge Winner will receive INR 10000 and a free two-hour coaching session with our expert. This session will cover critiquing, feedback and questions around publishing a book. All shortlisted entrants will receive a gift card equivalent to INR 1000 or more.

Visit the Silver Angels Startup School website to know more. You may register yourself, a friend or somebody in your family.

Thanks for your time, and lets make it happen! All it takes is a gentle nudge, sometimes.


📫Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India with focus on ageing journeys, longevity impacts and seniorcare. You can find more information on www.silverangels.in

Categories
50 plus mid-life planning

Rise of the Empty Nesters

Edition #31: Mid-life transitions, longevity planning, active ageing and much more!

According to the Global Parents Survey by the Varkey Foundation, Indian parents spend the most time on the homework of their children in the world.

62% of Indian parents spend on an average 12 hours on their children’s homework, almost 2.5 times over the global average for this cohort.

The success or failures of our education system, or the socio-economic realities of parenting, are not really the parts I want to dissect.

  • What happens when all the homework there is to be done, is actually done?
  • What when there is little dependence on parents for children to get on with their life?
  • What happens when children grow up and move out of the house?
  • What happens to the parents who now have all the time to themselves

Welcome to Empty Nesting.

“Empty nest syndrome isn’t a clinical diagnosis. Instead, empty nest syndrome is a phenomenon in which parents experience feelings of sadness and loss when the last child leaves home. Recent studies suggest that an empty nest might reduce work and family conflicts, and can provide parents with many other benefits. When the last child leaves home, parents have a new opportunity to reconnect with each other, improve the quality of their marriage and rekindle interests for which they previously might not have had time.”

Source: Mayo Clinic

For the sake of discussion, let us take a couple that has just arrived in the empty nesting zone. They have worked hard and (continue to) lead busy professional lives and are financially secure, healthy, socially well placed and have all the good things that life has to offer. They have just realized also that they will be living by themselves, and a whole new world is ahead of them. It is like ground zero all over again, and a bit similar to the time when they started out their lives, and since navigated the many life events and milestones together.

While there is no one-size-fits-all solution, and I won’t even attempt one, (empty nester) families are likely to (re)imagine their future as they see fit, and shift some of their thinking around what matters most to them, as individuals, a couple and as a family.

This is likely the commencement of a conversation around the next decade and more, on how to live and plan for the future ahead. This may manifest in exploring new activities and adventures, and commencing passion projects, independently or together. These conversations and experiences are likely to take many shapes and forms, and sometimes none at all, given many factors leading up to this stage. For example, business or joint families are less likely to go through these transitions as there is a fluid continuity in mid- and later life transitions while professionals with more demarcated boundaries of private space, independence, and slightly codified family relationships may face a different set of challenges. Family, particularly parents and their lives, is likely to shape some of this thinking, and thus influence these decisions.

Empty nesting is an interesting trend that is likely to rise given the structural changes in the Indian family over the last three decades (nuclearaziation, urbanisation, economic upsides, etc), and with longevity (increase in average lifespan of general population), it is likely to be an interesting space to watch!

You may want to check out some relatable essays,

Longevity Finance: Impacts on Retirement Planning

Silver Generation: The Original Disruptors

Future of Ageing: An India Perspective

🌍 Do subscribe to this interesting newsletter – Fintech for Longevity – an effort by Dr Ira Sobel, founder of a global platform shaping the conversations around financial technologies and financial inclusion focused on ageing and longevity.


📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India with focus on ageing journeys, longevity impacts and seniorcare. You can find more information on www.silverangels.in

Categories
Uncategorized

Palliative Care in India

A pain free path towards better quality of life

The WHO describes palliative care as an approach that improves the quality of life of patients (adults and children) and their families who are facing problems associated with life-threatening illness. It prevents and relieves suffering through the early identification, correct assessment and treatment of pain and other problems, whether physical, psychosocial or spiritual. The WHO data also highlights that among low- and middle-income countries, 78% adults and nearly 40 million people every year are in need of palliative care.

In this essay, you can read about developments in palliative care in the Indian context, and efforts by Government, civil society organizations and sustained efforts of leading care advocates like Dr M R Rajagopal, also known as the father of palliative care in India.

You can access the full essay here: Palliative Care in India

💻ONLINE EVENTS

One Day Online Training Program for Physiotherapists (Certificate Program) by Pallium India

Registration Link: https://tinyurl.com/79n764us

Date/Time: Oct 23, 2021 / 9.30AM

Dental Concerns among Systematically Ill Elderly Population by Seniors Today

Registration Link: https://t.co/NQBcYntKQN?amp=1

Date/Time: October 16, 2021/ 5pm

📚 NEW BOOK

The Home Stretch – A Family Caregiver’s Handbook by Sanjay Dattari (Published by Penguin Random House India)

The Home Stretch

About the author: Sanjay Dattari is a software engineer. Over the last seven years, however, he has been working on various initiatives to make the lives of the elderly in the India better. He was a full-time director of India’s first store exclusively for senior citizens called the “Old is Gold Store”, based in Chennai, for five years. Sanjay can be reached on sanjay.dattari@gmail.com.

The book is available on Amazon and Flipkart’s online stores.

📚 SILVER VENTURES

Ageingneeds India is India’s first home adaptation service provider for older adults, disabled people, post-surgery support, Alzheimer’s, dementia & Parkinson’s conditions.

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📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India with focus on ageing journeys, longevity impacts and seniorcare. You can find more information on www.silverangels.in

Categories
Uncategorized

Silver Economy: 9 Winning Startups under SAGE

Silver economy, innovation, startups, investments

In June this year, the Ministry of Social Justice and Empowerment (MoSJE) announced the launch of the Senior Ageing Growth Engine (SAGE), a startup fund where the government would bring up to INR 1 Cr as equity contribution in innovative startups. I covered it in this newsletter around the time of its launch.

🎈🎈🎈🎈🎈🎈🎈🎈🎈

The nine winners, forming the first cohort of this program, were announced yesterday. They are listed below.

NeoMotion ‘no transfer’ wheelchair

Flexmo wearable hipguard

Ducere smart insoles

Avyantra automated home dialysis device

Life Circle subscription home care services

Karevoyage for 50+ wanderers

Newndra’s Indoknee lightweight corrective support

Mediyatra’s accessible travel solutions for elders

Primate Healthtech’s IoT enabled mobile biochemistry analyzer

For more information on SAGE and to watch short videos of these innovations, visit https://sage.dosje.gov.in/

National Day of Older Persons

To mark the International Day of Older Persons on 1st October, the Government organized an event in Delhi where the National Award for Senior Citizens (Vayosreshthatha Samman) across various categories were announced.

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The Vice President of India who was the chief guest in this event also launched a national helpline for elders – ElderLine (14567) – and a portal for jobs for those over 60 – Senior Able Citizens for Re-Employment in Dignity (SACRED). The SACRED portal link is https://sacred.dosje.gov.in/

You can see more information on the day’s proceedings in the Ministry’s official Twitter page.


📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India. You can find more information on www.silverangels.in

Categories
Uncategorized

Dementia Care Resources and Networks in India

Every September, people come together from all around the world to raise awareness and to challenge the stigma that persists around dementia. In this edition, we look at resources and care networks for dementia, and highlight some of the events on September 21st, the World Alzheimer’s Day.

As of 2020, India is estimated to have over 5 million people living with dementia. The treatment gap in India for people living with Dementia is almost 90 per cent. This means that only one in ten patients receive a proper diagnosis, treatment and care.

In 2010, the total societal cost of caring for known dementia patients was estimated at ₹14,700 crores, and projected to increase three-fold by the end of 2030. A 2013 study in the Indian Journal of Public Health mentioned that the annual expenditure to care for a person living with Dementia could go as high as ₹2,02,025 in urban areas and ₹66,025 in rural areas in India. In this essay, we look at key reports, studies and care networks serving people living with dementia, their families and caregivers.

You can access the essay here: https://longevityhub.in/essays/dementia-resources-and-care-networks-in-india/

World Alzheimer’s Day Events (September 21)

Webinar on Role of Society in Early Detection of Dementia by Samvedna Seniorcare

Event link: Available on Zoom with meeting code 868 658 37888

Date/Time (IST): 21st September/ 5.30 pm

Webinar on Graceful Ageing by ASSOCHAM

Event registration link: bit.ly/3z9wdJJ

Date/Time: 21st September, 11am

#KnowDementia: An Interactive Workshop with Experts (Available Online and in person at venue) by ARDSI Bengaluru Chapter

Event registration link: https://dementiabangalore.in/

Date/Time: 21st September, 10:30 am to 4:00 pm

Event location: Hotel Royal Orchid Central, 47, Manipal Centre, 1, Dickenson Rd, Yellappa Garden, Yellappa Chetty Layout, Sivanchetti Gardens, Bengaluru, Karnataka 560042

Launch of the World Alzheimer Report 2021 by ADI

Event registration link: https://www.alzint.org/news-events/events/world-alzheimer-report-2021-launch-webinar/

Date/Time (IST): 21st September, 5.30pm

World Alzheimer’s Day is observed on 21st September every year to raise awareness about Alzheimer’s and Dementia, and theme this year is #KnowAlzheimers #KnowDementia. There cannot be a better time to tune into global and national experts from the comfort of your home. Do register and listen in.

The World Alzheimer Report 2021 will focus on the crucial and timely subject of diagnosis. Diagnosis is still a major challenge globally, with estimates that 90% of cases still go undiagnosed and with long wait times. We are at a pivotal moment with an evolution in diagnostics and potential treatment breakthroughs; meaning this is the perfect time to shine a light on the ‘Journey through the diagnosis of dementia’.

The report includes over 50 essays from leading experts around the world and is supported by findings from 3 key global surveys, including: 1,111 clinicians, 2,325 people with dementia and carers, and over 100 national Alzheimer and dementia associations.

The launch webinar for the report will feature a global panel of experts to discuss the key findings and recommendations, as well as a Q&A session.


📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India. You can find more information on www.silverangels.in

Categories
Uncategorized

Brands focused on the Silver Generation

In this edition, I attempt to highlight businesses and brands catering to an older adult population while also engaging seniors as influencers and actors. While traditional products (mostly around healthcare and finance) have been popular among older adults, a new range of aspirational products and specialized services are being tailored for various customer cohorts within a highly heterogenous population group.

The 2016 article by senior brand executive Ambi Parameswaran has one of the earliest references to this consumer group in mainstream Indian media – the silver generation. Referring to ads featuring elders, he writes,

So, what is happening here? Is it that the aged of India are all on road trips? Are they living a life of leisure, travel and no care? Or is it just wishful thinking by brands? The truth may lie somewhere in between. Brand marketers are waking up to the enormous potential being offered by the affluent aged. The first set of products and services to jump on to this bandwagon are the insurance and financial product marketers. But this is just the beginning.

One can see forward-looking brands projecting an image of a new elder as ‘stylish and confident’. With social media proliferation and WhatsApp providing distribution virality, we are likely to see the rise in such campaigns in the years ahead. While not comprehensive, I have highlighted a few brands offering products and services catering to the senior population to make the case.

Nobel Hygiene, India’s leading adult diaper brand, launched an Instagram Reels campaign to raise awareness around incontinence, by using senior influencers. This article details the campaign #AzadiMubarak and its reach.

In the Reels, these senior influencers asked their viewers to comment on the reels with their own experiences/reviews of how their conversations with the elders at home went. Friends then reposted the content on their page and re-circulated the posts through WhatsApp.

In a more fun and quirkier ad for the Payyannur Eye Foundation, a super speciality eye hospital in Kerala, the ad firm inquiLabz uses two elders helping each other out in an examination hall.

India Post’s senior citizen savings scheme is one of the earliest and most progressive banking products, and open for anybody over the age of 60 with a minimum deposit of Rs 1000, and continues to be very attractive for its high interest rate.

While maternity and child benefits are common among many companies, Intuit, a US-based IT company, through its Maya Program, provides comprehensive care for its India-based employees with elderly dependents who need extra support.

Caravan, a portable music player with pre-loaded collection of songs from Saregama, one of the oldest music labels in India, has evolved over the years and today offers over ten different products, and comes in at least six languages (Hindi, Tamil, Marathi, Bengali, Punjabi and Malayalam). Known for its retro design, it is now on a path to chalk out its post covid growth journey.

Club Mahindra, through its Bliss memberships, offers holidays tailored to a segment they call Empty Nesters or Seenagers. The proposition is quite broad, and while not clear how such stays will be senior-friendly or take into consideration medically dependent members of a family, it recognizes the need to cater to 50 plus whose preferences may be quite different from other generational cohorts.

Tata Sky Seniors, an exclusive channel for seniors, is another interesting addition focused on health, education, financial planning and relationship management.

In conclusion…

An ageing population, and particularly seniors, are looked at as those with needs and support. While this is true for some of them with medical and financial dependencies, they are also increasingly seeking convenience, experimenting with technology, exploring new products, active online and seeking tailored experiences that meet their aspirations (and wallet size).

To say that they will not spend is to literally say we have nothing to offer them, and some of these brands have shown there is an opportunity. One is likely to see progressive brands crafting new narratives, sharpening their proposition, investing in R&D, understanding consumer preferences and personalizing product experiences to cater to the many consumer cohorts spanning entertainment, education, travel, insurance, payments, etc.

Categories
Uncategorized

Indexing Quality of Life for Elderly

Quality of Life (QoL) is an oft-repeated phrase in conversations around ageing, longevity and elderly, and is also widely adopted across general population in more developed countries. In this edition, we look at a recently launched report focused on India, and other developments in the space.

Report on Index on Quality of Life for Elderly

The literature around Quality of Life (QoL) is quite expansive, and one of the previous Silver Angels essays – Future of Ageing in India – tries to capture the evolution of policymaking both in language and content around this topic, taking cues from the global initiatives and commitments. The recently launched Report on Index on Quality of Life for Elderly by the Institute of Competitiveness could be considered a small yet significant addition to the Government’s thinking around the topic. It adds to the many “Ease of ” indices out there, to inform policymaking at the central-level.

The report itself is over 100 pages but presented in a easily accessible slide format. It identifies 4 major pillars (financial wellbeing, social wellbeing, health system and income security), 8 sub-pillars and 45 indicators to measure quality of life among elderly population in various states. States are classified as aged states and relatively aged states, and ranked accordingly. For example, Rajasthan, Maharashtra and Bihar rank highly among the former while Himachal Pradesh, Uttarakhand and Haryana rank high on relatively aged states. Chandigarh among UTs and Mizoram among North Eastern states complete the leaderboard. All of these rankings are calculated basis Government data, and for the curious among you, rankings are available from page 45 onwards, and the methodology is provided in the Appendix (page 85).

Source: https://competitiveness.in/report-on-index-on-quality-of-life-for-elderly/

While not current with the broader thinking around ageing or longevity, it does provide a curbside view of how welfare and social sector programs could be designed/redesigned in the future. On the flip side, the report is an academic exercise, does not provide access to the government data used to arrive at the state-level rankings and uses the conventional approach of 60 years as the cutoff age for elders.

Mainstreamed

COVID-19 impact: Senior citizens struggle to buy term plans as underwriting gets stringent by M Saraswathy in Moneycontrol

Our Take: This is a legitimate issue for senior citizens, and particularly those with chronic conditions or multiple health issues. While there is no silver bullet yet, many financial advisors are suggesting retirement-linked products over term plans. The impact of age-linked medical costs is rising at alarming levels, and this was elaborated from longevity finance planning and long-term care planning perspectives in two previous essays.

When covid-19 forced Gen Y to deal with parents’ assets by Smitha Verma in Mint Lounge

Our Take: Being an extremely sticky topic and considered taboo in many Indian families, the pandemic has triggered more Indians of all ages to write their wills, be it those in their 40s or wealthy seniors. This article brings up this intergenerational issue to the fore, and talks about the professionalisation of these activities. While many elder-focused companies and financial advisors already provide such services to their customers, one is likely to see specialized platforms, aided by technology, addressing this and many other areas (endlife care protocols, estate planning, charity contributions, funeral planning, custodial arrangements, etc) linked to longevity and mortality.

Assisted living breaking the taboo of old age homes in Chennai by Akshaya Nath in India Today

Our Take: While much has been said and written about assisted living arrangements in the general context of seniors, this article highlights a super critical aspect (quoted below).

“While most of the elderly citizens who come for assisted service are 80 years and above, their children are around 60 years either retired or about to get retired. They will be in a situation where they have to take care of their deteriorating health and of their elderly parents and that is when assisted living comes to their aide.”

Dr K Vasanth, geriatric care specialist

EXTRA! SOCIAL

Silver Talkies, a community for 55+, came out with this short and fun video – do check it out!

📫 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

🧠 Thoughts, feedback or comments? Want to connect?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India. You can find more information on www.silverangels.in

Categories
Uncategorized

Long Term Care (LTC) in India: Key Market Drivers

Welcome back! In this edition, we will look at the evolution of Long Term Care (LTC) in India and the key factors driving it.

Families in India are the primary caregivers for most elders but the the role of secondary support systems, led by home care services, assisted living companies and institutional care facilities, is emerging as possible alternatives for those seeking specialized and long-term care. While such transitions, largely triggered by the pandemic, have brought much needed attention to challenges faced by elders, it is also important to recognize that we are at an early stage in addressing broader needs of a much broader and diverse group, particularly the less affluent.

Long-term care is an expensive proposition but with better policies, higher public health spending, affordable services and innovative solutions, we could lower the overall cost of care. In this essay, I elaborate four key factors driving the long-term care market.

Click here to read the essay.


📫Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

If you are first time reader, do subscribe to the Silver Angels newsletter.

🧠Thoughts, feedback, questions? Want to share your work?

Feel free to reach out at any time via email: mahesh@silverangels.in

Silver Angels is an independent platform tracking the Silver Economy in India. You can find more information on www.silverangels.in

Categories
Uncategorized

Silver Generation: The Original Disruptors

The Silver Angels Essay Series presents a longer format suitable to consolidate research and add fresh perspectives to the conversations around longevity, ageing, eldercare and the silver economy.

Catering to the silver generation is not about just meeting their needs but also stepping up to fulfill their aspirations and building an age-friendly society.

Today’s 70+ adult went through an economic period that had limited opportunities, careers largely driven by a steady job with a fixed retirement age, a much less technologically connected society, slower wealth accummalation, restricted mobility and and limited access to higher education or specialized healthcare. On the contrary, a 55 year-old adult today represents a cohort that were the original disruptors of India, in both the economic and social sense.

Both these (very) different generations are shaping the silver economy. How are they different from each other and from the other generational groups? How are businesses adapting and creating new products for this consumer segment? Are eldercare startups leading us into a whole new set of opportunities in this sector?

Read Full Essay

🎞 Don’t miss these snippets!

Subscribe to Seniors Today and check out their Anniversary issue. Do not miss this article where 71-year old actor Sharat Saxena talks about scarcity of roles for older people in Bollywood, and why Amitabh Bachhan may be doing more harm than good!

Stroke is the third leading cause of death in India after heart diseases and chronic obstructive pulmonary disease. Dementia is the fastest growing neurological disorder. To know more, read the original Lancet report.

Read this Business Today article on the Business of Elders, by Ajita Shashidhar. Takes you through some private sector initiatives in the space.

Has the pandemic triggered elders to shift to retirement communities? Find for yourself in this Mint Lounge piece by Preeti Zachariah.

A bold proposal, why funders need to take bigger bets on the social sector, by R Sriram and Vanessa D’Souza in the India Development Review

Lastly, check out this viral story about a Mumbai-based couple that rides around the country in their Bullet with a super cool sidecar.

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🌆 Senior Zone – Online events and programs

Online activities for seniors are on 🔥

Heritage Foundation is hosting an international webinar on geriatric care with participants from 15+ countries. You can register with this link.

CovaiCare is hosting an intergenerational dialogue on eyecare (in Tamil)

Date : 18th July 2021 | Timing : 5:00 pm to 6:30 pm |Panelists from Sankara Eye Foundation: Dr Meenakshi Swaminathan, Dr Kaushik Murali & Dr Rajesh | Joining link

Samvedna Senior Care co-founder Dr Jayashree Dasgupta will be speaking on “Suspecting Dementia – What should you know?” at the NIMHANS.

Date July 19, 3.00 pm – 4.00 pm | Zoom Meeting Link: https://lnkd.in/dXEGS-k | Meeting ID: 84612019327 | Passcode: 123

Emoha is hosting the #EldersFirstFestival online. Read more about it here.

📪 Silver Angels Newsletter

The Silver Angels newsletter brings you news, stories and trends from the silver economy in India, in a short, easy-to-read format. Businesses, brands, investors, startups, researchers and analysts following this space are likely to find it interesting. No advertising or sponsorship.

If you are first time reader, do subscribe to the Silver Angels newsletter.


Thoughts, feedback, questions? Want to share your work?

Feel free to reach out at any time via email: mahesh@silverangels.in

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